The Morrison Government will inject $250 million into regional Australia, encouraging more Australians to travel and experience a home-grown holiday, boosting regional jobs and local economies.
The package includes two measures, a $50 million Regional Tourism Recovery initiative to assist businesses in regions heavily reliant on international tourism and $200 million for an additional round of the Building Better Regions Fund (BBRF).
Mr Pasin said that by investing $200 million in an additional round of the Building Better Regions Fund the Government is investing $200 million in securing regional Australia’s future.
“This Budget will set aside $200 million for projects to boost local infrastructure in regional communities, $100 million of which will be dedicated to tourism-related infrastructure,” Mr Pasin said.
The targeted component of the fund will support internationally dependent tourism regions to adapt offerings, experiences and marketing to appeal to domestic visitors in the short-term and be in the strongest possible position to welcome back international tourists in the future.
“Barker has some of our State’s, indeed out Nation’s, prime tourism offerings including the Barossa, the Coorong, the Riverland and the Limestone Coast, meaning our local regions are set to benefit from increased domestic tourism and this funding aims to help boost what’s already on offer.”
“More local jobs, better community infrastructure and a boost to our local economy – that is exactly what the Building Better Regions Fund is all about,” he said.
“Local projects in our electorate have already received substantial support from the BBRF program including the Mid Murray Cultural and Heritage Tourism Strategy, the Riverland Tourism Plan 2030 and upgrading the facilities of the Bordertown Caravan Park and Murray Bridge Golf Club just to name a few. I look forward to seeing more of the same with another $200 million funding round confirmed.”
The $200 million BBRF Round 5 will be delivered like its previous four rounds, with Infrastructure Project and Community Investment streams. Grant Opportunity Guidelines will be made available shortly, consistent with the existing BBRF framework, to assist potential applicants.
Contact: Charlotte Edmunds – 8724 7730